Participation in Fed triggered Global Markets Rally

Technical Analysis,Research & Weekly Outlook

(Sep 17 to Sep 21,2012)

Nifty-Intra Day Chart (14-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5545-5570
2- Whole day trading between 5528-5585

Conclusions from intra day chart analysis 

Most time intraday consolidations and on going rally continuation is expected.

Nifty-EOD Chart (14-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4531.15 on 20-12-2011
2- Wave-1(5629.95 on 22-02-2012)
3- Wave-2(4770.35 on 04-06-2012)
4- Sub Wave-1(5348.55 ON 10-07-2012)
5- Sub Wave-2(5032.40 on 26-07-2012)
6- Sub Wave-3(5448.40 on 23-08-2012)
7- Sub Wave-4(5215.70 on 05-09-2012)
8- Sub Wave-5 of Wave-3 is on

Conclusions (After Putting All Studies Together)

All trends are up and participation in Fed triggered Global markets rally through 80 points huge gap up opening on 14-09-2012. As previous session up moves with intraday consolidation patterns therefore rally continuation is expected in the coming week as well as new top of 2012 will also be seen.

FII & DII trading activity in Capital Market Segment on 14-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 14-Sep-2012 5355.25 2521.53 2833.72

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 14-Sep-2012 1818.41 2506.41 -688

Indian Stock Markets Closing Reports(14-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green except FMCG.
2- Participation in Global Stock markets blasting rally with huge gap up opening.
3- White Candle formation.

Ratios

Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(01-Aug-2012): 17.74

Advances & Declines

BSE Advances : 1480
BSE Declines : 1456
NSE Advances :  775
NSE Declines :  659

Nifty Open Interest Changed Today

Nifty- 5300 CE(Aug)- -953,800(-27.93%)
Nifty- 5300 PE(Aug)- -1,503,750(-15.02%)

Nifty- 5400 CE(Aug)- -2,405,900(-40.68%)
Nifty- 5400 PE(Aug)-  345,750(4.81%)

Nifty- 5500 CE(Aug)- 345,100 (6.80%)
Nifty- 5500 PE(Aug)- 3,036,500(131.92%)

Nifty- 5600 CE(Aug)- -1,513,500(-15.64%)
Nifty- 5600 PE(Aug)-  4,126,600(823.43%)

Closing 

Nifty- closed at 5,577.65(142.30 Points & 2.62%)
Sensex- closed at 18,464.27(443.11 Points & 2.46% )
CNX Midcap - closed at 7,340.00(69.00 Points & 0.95%)
BSE SMLcap- closed at 6,623.12(29.58 Points & 0.45%)

Nifty Spot-Levels & Trading Strategy for 17-09-2012

Nifty Spot-Levels

R3 5660
R2 5623
R1 5600
Avg 5563
S1 5540
S2 5503
S3 5480

Nifty Spot-Trading Strategy

H6 5637     Trgt 2
H5 5623     Trgt 1
H4 5610     Long breakout
H3 5593     Go Short
H2 5588
H1 5582
L1 5571
L2 5566
L3 5560    Long
L4 5544     Short Breakout
L5 5530     Trgt 1
L6 5516     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 17-09-2012

Nifty(Sep Fut)-Levels

R3 5677
R2 5637
R1 5610
Avg 5570
S1 5543
S2 5503
S3 5476

Nifty(Sep Fut)-Trading Strategy

H6 5651     Trgt 2
H5 5636     Trgt 1
H4 5620     Long breakout
H3 5602     Go Short
H2 5596
H1 5590
L1 5577
L2 5571
L3 5565     Long
L4 5547     Short Breakout
L5 5531     Trgt 1
L6 5516     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 17-09-2012

Bank Nifty(Sep Fut)-Levels

R3 11633
R2 11316
R1 10983
Avg 10666
S1 10333
S2 10016
S3 9683

Bank Nifty(Sep Fut)-Trading Strategy

H6 11318    Trgt 2
H5 11163     Trgt 1
H4 11007     Long breakout
H3 10828     Go Short
H2 10769
H1 10709
L1 10590
L2 10530
L3 10471     Long
L4 10292     Short Breakout
L5 10136     Trgt 1
L6  9981    Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Sep 17 to Sep 21,2012)

Nifty Spot-Weekly Levels

R3 5918
R2 5752
R1 5664
Avg 5498
S1 5410
S2 5244
S3 5156

Nifty Spot-Weekly Trading Strategy

H6 5842     Trgt 2
H5 5779     Trgt 1
H4 5716     Long breakout
H3 5646     Go Short
H2 5623
H1 5600
L1 5553
L2 5530
L3 5507     Long
L4 5437     Short Breakout
L5 5374     Trgt 1
L6 5311     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Sep 17 to Sep 21,2012)

Bank Nifty Spot-Weekly Levels

R3 11525
R2 11094
R1 10868
Avg 10437
S1 10211
S2 9780
S3 9554

Bank Nifty Spot-Weekly Trading Strategy 

H6 11340     Trgt 2
H5 11172     Trgt 1
H4 11003     Long breakout
H3 10822     Go Short
H2 10762
H1 10702
L1 10581
L2 10521
L3 10461     Long
L4 10280     Short Breakout
L5 10111     Trgt 1
L6  9943      Trgt 2

Pre-open Outlook(14-09-2012)

Although intraday charts of yesterday are showing selling formations but Global markets are blasting therefore on going rally will remain continued without any correction.

Technical Analysis and Market Outlook(14-09-2012)

Nifty-Intra Day Chart (13Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5436-5447
2- Minor buying between 5422-5430
3- Whole day trading between 5422-5447

Conclusions from intra day chart analysis 

25 Points whole day narrow range trading with lower levels trading with minor supports at lower levels but higher levels good selling also. As good selling today after yesterday selling formations therefore correction is expected from tomorrow despite whatsoever decision from FED today night.

FII Trading Data in Derivatives Segment on 01-Aug-2012

FII & DII trading activity in Capital Market Segment on 01-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 01-Aug-2012 9999 8888 1111

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 01-Aug-2012 5555 3333 2222

Indian Stock Markets Closing Reports(13-Sep-2012)

Main features of today trading are as follows

1- Benchmark Indices closed positive with minor gains.
2- Doji Candle formation.
3- Mixed closing of Indices with minor gains or loss.

Ratios

Nifty Put Call Ratio: 1.16
Nifty P/E Ratio(01-Aug-2012): 17.38

Advances & Declines

BSE Advances : 1217
BSE Declines : 1624
NSE Advances :  583
NSE Declines :  868

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -106,500(-7.01%)
Nifty- 5200 PE(Aug)- -504,650(-5.40%)

Nifty- 5300 CE(Aug)- -223,000 (-6.13%)
Nifty- 5300 PE(Aug)-  498,300(5.24%)

Nifty- 5400 CE(Aug)- 248,500(4.39%)
Nifty- 5400 PE(Aug)- 1,294,050(21.96%)

Nifty- 5500 CE(Aug)- 482,850(6.18%)
Nifty- 5500 PE(Aug)- 229,450(11.07%)

Closing 

Nifty- closed at 5,435.35(4.35 Points & 0.08%)
Sensex- closed at 18,021.16(21.13 Points & 0.12%)
CNX Midcap - closed at 7,271.00(-25.20 Points & -0.35%)
BSE SMLcap- closed at 6,593.54(-16.54 Points & -16.54%)

Nifty Spot-Levels & Trading Strategy for 14-09-2012

Nifty Spot-Levels

R3 5473
R2 5460
R1 5447
Avg 5434
S1 5421
S2 5408
S3 5395

Nifty Spot-Trading Strategy

H6 5461     Trgt 2
H5 5455    Trgt 1
H4 5449    Long breakout
H3 5442     Go Short
H2 5439
H1 5437
L1 5432
L2 5430
L3 5427     Long
L4 5420     Short Breakout
L5 5414     Trgt 1
L6 5408     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Nifty(Sep Fut)-Levels

R3 5476
R2 5465
R1 5457
Avg 5446
S1 5438
S2 5427
S3 5419

Nifty(Sep Fut)-Trading Strategy

H6 5469     Trgt 2
H5 5464     Trgt 1
H4 5460     Long breakout
H3 5455     Go Short
H2 5453
H1 5451
L1 5448
L2 5446
L3 5444     Long
L4 5439     Short Breakout
L5 5435     Trgt 1
L6 5430     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10367
R2 10322
R1 10273
Avg 10228
S1 10179
S2 10134
S3 10085

Bank Nifty(Sep Fut)-Trading Strategy

H6  10319    Trgt 2
H5  10298    Trgt 1
H4  10276    Long breakout
H3  10250    Go Short
H2  10242
H1  10233
L1  10216
L2  10207
L3  10199    Long
L4  10173    Short Breakout
L5  10151    Trgt 1
L6  10130    Trgt 2

Pre-Closing Outlook(13-09-2012)

Following lines were told today in Technical Analysis and Market Outlook(13-09-2012):-

1- As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.
2- firstly trading is expected between 5394-5450.
3- follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

First 5 hours trading today between 5,447.45-5,421.85 with minor supports at lower levels but higher levels selling formations also. Slipping below 5422 will mean sharp down moves because below it selling formations yesterday.

Technical Analysis and Market Outlook(13-09-2012)

Nifty-Intra Day Chart (12-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5410-5415.
2- Volatility after ESM package favouring SC judgement news from Germany.
3- Upmoves in Bearish Rising Wedge formation.
3- Whole day trading between 5394-5434.

Conclusions from intra day chart analysis 

Firstly slipping after intraday selling and then volatility after ESM package favouring SC judgement news from Germany, As higher levels selling in first 2 hours and finally Upmoves in Bearish Rising wedge formations in  last more than one hour therefore fresh consolidation is required for sustaining above yesterday trading range.

All trends are up and up moves continuation but Nifty is trading between strong resistance range(5380-5450). As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.

Pre-open Outlook(13-09-2012)

Almost flat Global markets today therefore sentiment is quiet today morning and firstly trading is expected between 5394-5450,follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

FII Trading Data in Derivatives Segment on 12-Sep-2012

FII & DII trading activity in Capital Market Segment on 12-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Sep-2012 1912.55 1461.36 451.19

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Sep-2012 1179.45 1235.21 -55.76

Indian Stock Markets Closing Reports(12-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- White Candle formation.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.08
Nifty P/E Ratio(01-Aug-2012): 17.37

Advances & Declines

BSE Advances : 1539
BSE Declines : 1339
NSE Advances :  833
NSE Declines :  601

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -271,500(-15.16%)
Nifty- 5200 PE(Aug)-  325,400(3.61%)

Nifty- 5300 CE(Aug)- -560,000(-13.34%)
Nifty- 5300 PE(Aug)-  987,650(11.59%)

Nifty- 5400 CE(Aug)- -555,300(-8.93%)
Nifty- 5400 PE(Aug)-  1,414,800(31.59%)

Nifty- 5500 CE(Aug)-  512,000(7.02%)
Nifty- 5500 PE(Aug)-  649,000(45.60%)

Closing 

Nifty- closed at 5,431.00(41.00 Points & 0.76%)
Sensex- closed at 18,000.03(147.08 Points & 0.82%)
CNX Midcap - closed at 7,296.20(17.95 Points & 0.25%)
BSE SMLcap- closed at 6,610.08(30.40 Points & 0.46%)